AHCS actuaries have assisted plan sponsors with solutions to maximize the benefit to the sponsor organization and the retirees as a result of Medicare Part D.

These services include:

Preparation of the online actuarial attestation portion of the Part D subsidy application.

Preparation of an actuarial report documenting the actuarial work product for the Part D subsidy application.

Advising plan sponsors on the cost savings for alternatives other than maintaining the current coverage and applying for the Federal subsidy. These include replacement of the current plan with a plan that wraps around the Part D plan, or terminating the employer drug plan.

AHCS has also assisted insurers that offer drug plans to Medicare-eligible retirees by determining the actuarial equivalence of the drug plans offered.